Question

In January the price of a certain item was $\$120$. In February the price increased by $10$ percent. During a sale in March, the February price was discounted by $10$ percent. What was the price of the item during the sale in March?

• A. $\$106.80$
• B. $\$118.80$
• C. $\$120.00$
• D. $\$121.20$

Answer 1

The correct option is B $\$118.80$

C.P(Cost Price) of a certain article is 120$

In February the cost price increased by 10 percent which means=$10\%ofC.P+C.P$

$=10\%of120+120$

$=\frac{10}{100}\times 120+120$

$=12+120$

$=132$

In March the price was discounted by $10\%$ which means we have to subtract $10\%$ from the amount we get in February

$=132-10\%of132$

$=132-\frac{10}{100}\times 132$

$=132-13.2$

$=118.8$$